Notes to SEFA
The accompanying consolidated schedule of expenditures of federal awards and state financial assistance (the"Schedule") includes the federal and state award activity of Partnership for Maternal and Child Health of NorthernNew Jersey under programs of the federal government for the year ended June 30, 2025. The information in thisSchedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200,Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("UniformGuidance") and New Jersey Department of the Treasury Circular Letter 25-12 OMB, Single Audit Policy forRecipients of Federal Grants, State Grants and State Aid . Because the Schedule presents only a selected portionof the operations of Partnership for Maternal and Child Health of Northern New Jersey, it is not intended to anddoes not present the consolidated financial position, changes in net assets, or cash flows of Partnership forMaternal and Child Health of Northern New Jersey. Therefore, some amounts presented in this Schedule may differfrom amounts presented in, or used in the preparation of, the basic consolidated financial statements.
The Partnership does not have a federally negotiated indirect cost rate and has elected to use the 10% de minimiscost rate as covered in Section 200.414 of the Uniform Guidance.